the establishment of a national bank with state capital and exclusive monopoly is item number 5 in the Communist Manifesto (1848), and there are only ten items

fascinating

let's see what the Founding Fathers of the U.S. thought of this idea:

“Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.” —George Washington to J. Bowen 1787

“All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.” —John Adams to Thomas Jefferson, 1787

“And I sincerely believe with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” —Thomas Jefferson to John Taylor, 1816